YEARLY HIGH
0.8353 ZAR
YEARLY LOW
0.6878 ZAR
YEARLY AVERAGE
0.7470 ZAR

2017 EGP to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2017

During 2017, the EGP to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 21, valuing the pair at 0.8353. Conversely, the yearly low was recorded on December 27, dropping to 0.6878.

This high-to-low spread represents a total annual volatility of 0.1475 ZAR. From a start-to-finish perspective, comparing the January average rate of 0.7295 to the December average rate of 0.7349, the exchange rate registered a net change of 0.74% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2017 high of 0.8353 was down 61.22% compared to the 2016 peak of 2.1540, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 EGP based on timing:

Yearly Peak High 4,176 ZAR
2016 Average 7,921 ZAR
Yearly Trough Low 3,439 ZAR
Transaction Impact: A difference of 737.61 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2017.

0.8064
0.7035
JanuMarcMayJulySeptNove

EGP to ZAR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.7385, compared to 0.7556 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0171 points.

H1 Avg (Jan–Jun) 0.7385
H2 Avg (Jul–Dec) 0.7556

Volatility Range Comparison

Volatility

The most volatile month in 2017 was February, with a trading range of 0.1270 ZAR (High: 0.8353 / Low: 0.7083). On the other end, June was the most stable month, with a tight range of 0.0218 ZAR (High: 0.7226 / Low: 0.7008).

February Spread (Volatile) ±0.1270
June Spread (Stable) ±0.0218

Growth Streaks & Declines

Trends

Between June and August, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0629 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0629

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2017: 0.7788) against the same month in 2016 (average: 2.0177), the exchange rate shifted by -1.2389 (-61.40%).

2017 Avg (February) 0.7788
2016 Avg (February) 2.0177

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.7650 0.7006 0.7295
February 0.8353 0.7083 0.7788
March 0.8125 0.6884 0.7343
April 0.7738 0.7165 0.7433
May 0.7528 0.7084 0.7328
June 0.7226 0.7008 0.7121
July 0.7569 0.7192 0.7326
August 0.7589 0.7354 0.7460
September 0.7691 0.7261 0.7458
October 0.8067 0.7526 0.7764
November 0.8211 0.7700 0.7978
December 0.7777 0.6878 0.7349